$985,000

Estimated payment $5,819/month

Total Views 1,454
13 Beds
9 Baths
5,192 Sq Ft
$190 Price per Sq Ft

Highlights

  • View of Trees or Woods
  • Wood Flooring
  • Porch
  • Nimitz Elementary School Rated A-
  • Separate Outdoor Workshop
  • Detached Carport Space

About This Home

Picturesque 10-acre multi-family mobile home community, offering positive cash flow with 5 units, and room to grow. NOI is $74,779.00, yielding a 7.59 cap rate. The property is fully fenced and has a wet weather creek and pond. The units are serviced by a 480’ deep well which had a new pump installed in 2020, and also has a 2500 gallon storage tank and new booster pump installed in 2022. There is a spacious 18x30 metal workshop that currently stores the owner’s equipment. The five residential units are well maintained ranging from 1986-2018, with remodels in 2022. Each unit has a private fenced yard and views of the hills. The interior road provides access to each unit, and also to future sites. Tractor, tractor add ons,, trailers, RV, automobiles, personal tools and other personal property do not convey.Seller may consider owner financing with qualified buyer with a 25 or 30 year amortization and a balloon payment in full at the end of year 5 with a competitive APR. 20% down payment. All terms are negotiable and may be adjsted based on credit worthiness, down payment, price and other factors. Seller has the right to refuse a seller finance senario to any buyer.Agent open for all showings. 24 hours advance notice is appreciated. No interior tours are allowed until the property is under contract, however, additional photos are available.

Listing Agent

Lisa Grove

Phyllis Browning Company Brokerage Phone: (210) 824-7878 License #0444720 Listed on: 03/18/2025

Co-Listing Agent

Teresa Bailey-Weirich

Phyllis Browning Company Brokerage Phone: (210) 824-7878 License #0352139

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,484

Year Built

  • 1986

Lot Details

  • 10 Acre Lot
  • Lot Dimensions are 709x677
  • Northwest Facing Home
  • Fenced
  • Level Lot

Parking

  • Detached Carport Space

Property Views

  • Woods
  • Hills

Home Design

  • Updated or Remodeled
  • Farm
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 5,192 Sq Ft Home
  • Blinds
  • Dining Room
  • Wood Flooring
  • Electric Oven

Bedrooms and Bathrooms

  • 13 Main Level Bedrooms
  • 9 Full Bathrooms

Outdoor Features

  • Separate Outdoor Workshop
  • Porch

Schools

  • Outside School District Elementary And Middle School
  • Outside School District High School

Utilities

  • Central Heating and Cooling System
  • Private Water Source
  • Private Sewer

Community Details

  • Hidden Valley Ranch Subdivision
  • Common Area

Listing and Financial Details

  • Assessor Parcel Number 4202-0000-095000
  • Tax Block 2

Property Details

Property Type

Other

Est. Annual Taxes

$3,484

Year Built

1986

Lot Details

0

Listing Details

  • Property Type: Farm
  • Property Sub Type: See Remarks
  • Additional Parcels: No
  • Direction Faces: Northwest
  • Directions: This is agent open only with minimum 24 hour notice. Once qualified buyer is established, we will meet and disclose location. It is 7 miles outside of Kerrville
  • Disclosures: Other Disclosures
  • Fencing: Fenced
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Living Area: 5192
  • Other Structures: Workshop
  • Road Surface Type: Caliche
  • Special Listing Conditions: Standard
  • Co List Office Mls Id: ACT32022
  • Co List Office Phone: (210) 824-7878
  • Attribution Contact: (210) 824-7878
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 3484.00
  • FEMA Flood Plain: Partial
  • Restrictions: None
  • Tax Exemptions: None
  • Mineral: All
  • Leases: See Remarks
  • Special Features: None
  • Year Built: 1986

Interior Features

  • View: Hill Country, Trees/Woods
  • Flooring: Wood
  • Appliances: Electric Oven, Refrigerator
  • Main Level Bedrooms: 13
  • Property Condition: Updated/Remodeled
  • Spa Features: None
  • Window Features: Blinds
  • Laundry Location: In Unit

Beds/Baths

  • Full Bathrooms: 9
  • Bedrooms: 13

Exterior Features

  • Roof: Shingle
  • Patio And Porch Features: Porch
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No
  • Numof Wells: 1

Garage/Parking

  • Parking Features: Detached Carport

Utilities

  • Sewer: Private Sewer
  • Utilities: Electricity Connected, Water Connected
  • Heating: Central
  • Water Source: Private
  • Cooling: Central Air

Association/Amenities

  • Community Features: Common Grounds

Schools

  • Elementary School: Outside School District
  • High School: Outside School District
  • Middle/Junior School: Outside School District
  • Junior High Dist: Kerrville Isd

Lot Info

  • Lot Features: Level
  • Lot Size: 709x677
  • Topography: Level with steep slopes near wet weather creek.
  • Parcel Number: 4202-0000-095000
  • Lot Size Acres: 10
  • Lot Size Sq Ft: 435600
  • Subdivision Name: Hidden Valley Ranch
  • Crops: None
  • Enclosed Acres: 10.00
  • Farm: None
  • Endangered Species: Unknown

Building Info

  • Construction Materials: Wood Siding
  • New Construction: No

Tax Info

  • Tax Block: 2
  • Tax Year: 2024
  • Tax Annual Amount: 3484
  • Tax Map Number: 2
  • Tax Rate: 0.44177200000000

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,802 $139,840 $119,259 $20,581
2023 $1,816 $139,840 $119,259 $20,581
2022 $2,045 $139,840 $119,259 $20,581
2021 $2,262 $139,840 $119,259 $20,581
2020 $2,362 $137,842 $119,259 $18,583
2019 $2,175 $126,089 $89,815 $36,274
2018 $3,067 $179,291 $89,815 $89,476
2017 $3,069 $179,291 $89,815 $89,476
2016 $2,269 $132,541 $45,000 $87,541
2015 -- $132,541 $45,000 $87,541
2014 -- $132,541 $45,000 $87,541
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2025 03/18/25 For Sale $985,000 +688.0% $190 / Sq Ft
10/30/2018 10/30/18 Sold -- -- --
08/30/2018 08/30/18 Pending -- -- --
08/27/2018 08/27/18 For Sale $125,000 -- $80 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Kerr County Abstract & Title
Source: Public Records

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 1194932

Unlock MLS (Austin Board of REALTORS®)

APN: R28767